United States : US: WallStreet bounces back on deals, earnings hope

United States : US: WallStreet bounces back on deals, earnings hope

Jul 13, 2018 (Euclid Infotech Ltd via COMTEX) —

US stocks opened higher on Thursday, recovering from a selloff a day earlier as higher oil prices and merger activity helped offset fears of a Sino-US trade war.

The Dow Jones Industrial Average rose 102.45 points, or 0.41 per cent, at the open to 24,802.90. The S&P 500 opened higher by 9.12 points, or 0.33 per cent, at 2,783.14. The Nasdaq Composite gained 36.10 points, or 0.47 per cent, to 7,752.71 at the opening bell.

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